Earnings Call Summary | Qifu Technology(QFIN.US) Q1 2024 Earnings Conference
Earnings Call Summary | Qifu Technology(QFIN.US) Q1 2024 Earnings Conference
Non-GAAP net income rose by 23.4% compared to the same period last year, reaching RMB 1.2 billion, and non-GAAP net income per diluted ADS increased by 28% year-over-year to RMB 7.58.The following is a summary of the Qifu Technology, Inc. (QFIN) Q1 2024 Earnings Call Transcript:
以下是启富科技公司（QFIN）2024年第一季度财报电话会议记录摘要：
Financial Performance:
财务业绩：
Qifu Technology reported Q1 revenue of RMB 4.2 billion, representing a 15.4% year-on-year increase.
The company's net take rate grew by 54 basis points to approximately 3.5%.
Non-GAAP net income rose by 23.4% compared to the same period last year, reaching RMB 1.2 billion, and non-GAAP net income per diluted ADS increased by 28% year-over-year to RMB 7.58.
Qifu Technology achieved a Return on Equity (ROE) of roughly 22% for the quarter, outperforming its industry peers.
Total facilitated and originated loans on the platform reached RMB 99.2 billion in Q1.
The company reported a considerable increase in its operating profit margin and expects to further optimize the take rate in Q2, underpinned by risk optimization, reduced funding costs, and an emphasis on asset distribution.
启富科技公布的第一季度收入为人民币42亿元，同比增长15.4％。
该公司的净收入增长了54个基点，达到约3.5％。
与去年同期相比，非公认会计准则净收入增长了23.4％，达到12亿元人民币，摊薄后的每股ADS的非公认会计准则净收益同比增长28％，至人民币7.58元。
启富科技本季度的股本回报率（ROE）约为22％，表现优于业内同行。
第一季度，该平台上的便利贷款和发放贷款总额达到人民币992亿元。
该公司报告称，其营业利润率大幅提高，并预计将在风险优化、降低融资成本和强调资产分配的支持下，在第二季度进一步优化收取率。
Business Progress:
业务进展：
Qifu Technology has shifted its business strategy, focusing on quality growth and profitability, which has already shown positive results.
Operations have been optimized and credit standards have been tightened. As a result, the company has empowered 159 financial institutions to provide credit services to 52 million users cumulatively.
The company has improved asset quality, iterated risk strategies, and expanded loan collection strategies, simultaneously reducing funding and acquisition costs for credit line users by 12% sequentially.
To serve user needs more effectively, Qifu has adopted initiatives to increase returns on the loan portfolio.
Significant investments were made in AI and large language models to optimize risk management, telemarketing, loan collection, and customer service.
In Q1, the company forged partnerships with two new financial institutions, bringing the total count of financial partners using Qifu's end-to-end technology solutions to seven.
-The company intends to balance risk and returns by dynamically adjusting the asset structure in its future strategy, further improving operational efficiency.
启富科技已改变其业务战略，将重点放在质量增长和盈利能力上，这已经取得了积极的成果。
运营已得到优化，信贷标准也已收紧。因此，该公司已授权159家金融机构累计向5200万用户提供信贷服务。
该公司改善了资产质量，迭代了风险策略，扩大了贷款筹集策略，同时将信贷额度用户的融资和收购成本连续降低了12％。
为了更有效地满足用户需求，启富采取了增加贷款组合回报率的举措。
对人工智能和大型语言模型进行了大量投资，以优化风险管理、电话营销、贷款收款和客户服务。
在第一季度，该公司与两家新的金融机构建立了合作伙伴关系，使使用齐富端到端技术解决方案的金融合作伙伴总数达到七个。
-公司打算通过动态调整未来战略中的资产结构来平衡风险和回报，进一步提高运营效率。
More details: Qifu Technology IR
更多详情： 启富科技红外
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